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Why Investors Are So Fascinated With Warren Buffett

Warren Buffet is one of the world’s greatest investors. In fact, he might just be the best investor of all time. So who is Warren Buffet? Buffett is currently one of the richest people in the world. He is worth an estimated $73 billion dollars! Very few people are worth more than Warren Buffet.

Buffett is a champion of what is called value investing. He tries to find companies that are undervalued and then buys them up. Buffett and other value investors try to find companies that are fundamentally undervalued. This means that when you dig through the books and look at the assets, you’ll find that the companies are actually worth more than markets recognize.

Many of Buffett’s strategies focus on traditional industries. Buffet, for example, has largely avoided technology stocks, admitting that he does not understand them. Instead, Buffett likes to invest in things like insurance, or real estate.

Warren Buffet & Berkshire Hathaway

Warren Buffet’s investment company is called Berkshire Hathaway. This large firm manages a huge portfolio of companies and investments. Berkshire Hathaway has a market cap worth nearly $400 billion dollars! This massive market cap means that the company is one of the largest and most valuable companies in the world.

Many of the companies owned by Warren Buffet are quite famous. Geico insurance might just be the most famous. This very popular car insurance company is one of the biggest insurance companies in the United States. In fact, it is actually the second largest auto insurance company in America, trailing only State Farm.

Geico produces nearly $10 billion dollars a year. GEICO stands for Government Employees Insurance Company. The company was bought out by Warren Buffet’s Berkshire Hathaway in 1996. The company is famous for its humorous advertisements and gecko mascot.

Berkshire Hathaway also owns large train operations under its Burlington Northern Santa Fe LLC. In fact, this LLC owns more than 23,000 miles worth of track and produces over $23 billion dollars in revenue per year. McClane Company, a food distributor, produces nearly $50 billion dollars a year in revenues, serving numerous big brand clients, like Walmart and Pizza Hut.

Buying Warren Buffet Stocks

You can buy Warren Buffet stocks! Or, more accurately, you can buy shares in Berkshire Hathaway. Berkshire Hathaway class A stock costs six figures, however. As of writing this article, a single share was worth about $240,000.

Berkshire Class B stock, which doesn’t have voting rights, can be bought for a mere $160 bucks. Five years ago, class B stock was selling for less than $80 dollars. This means that the stock has doubled over the last five years. This represents a very solid return.

A Quick Warren Buffet Biography: The Early Years

Often called the Oracle of Omaha, Warren Buffet resides in Omaha, Nebraska, where he was born. His Berkshire company is also headquartered there. From a young age, Buffet showed an intense interest in business and even sold stuff door to door.

In 1947 Warren enrolled at the University of Pennsylvania and its famed Wharton School of Business. After graduating, Buffet started as an investment sales person, and worked his ways up the ranks. He even taught night classes on investments.

In 1954 Buffet joined Benjamin Graham’s investment firm. Graham is considered to be the father of value investing. Buffet would learn an immense amount from Graham and would use his investing tactics for the rest of his career. Just a few short years later, however, Graham retired. Buffet then spread his wings and struck out on his own.

If you want to learn more, you should pick up some Warren Buffett Books.

The Best Warren Buffett Quotes

Here are some quotes that we found after a quick Google search. Warren Buffett is very smart and has provided a lot of quotable materials over the years. So make sure you check out these Warren Buffet quotes!

Price is what you pay. Value is what you get.

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Someone’s sitting in the shade today because someone planted a tree a long time ago.

Risk comes from not knowing what you’re doing.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.

It’s only when the tide goes out that you discover who’s been swimming naked.

You only have to do a very few things right in your life so long as you don’t do too many things wrong.